San Antonio
Forge Partners Sells San Antonio Asset
JLL arranged the sale on behalf of the company. The 50-year-old, 202-unit Parker Apartment Homes presents significant value-add opportunities.
Alamo Heights Community Changes Hands for $37M
The new owners intend to rebrand the property and invest in extensive renovations that will include both interior and exterior upgrades.
Peak Campus Expands Management Portfolio With Over 2,000 Beds
The property management company was awarded management of four student housing communities located in Texas, Nevada and North Carolina.
Richland Living Secures Acquisition Loan for San Antonio Property
Hunt Mortgage Group arranged a $10 million acquisition loan for the 192-unit The Richland Apartments in San Antonio-New Braunfels.
Affordable Housing Portfolio Secures $142M in Financing
Harmony Housing tapped KeyBank Real Estate Capital to provide loans to six of its properties, located in Texas, Michigan, Wisconsin and Florida. Each property reserves half of the units for residents making 60 percent of the area median income.
On the Market: 5 Interesting Listings for the Week of 7/03/17
This week’s listings include a recently renovated community in San Antonio and a rustic condo asset located right off the slopes in Steamboat Springs, Colo.
Capstone Expands Texas Footprint
The company has been awarded the property management assignment for a 550-unit multifamily portfolio in the Lone Star State.
San Antonio Lures Investors
The city has a diversified economy and employment is growing in most industries. That has fueled demand for apartments, which is expected to remain high as the metro continues to add jobs and households at a rate above the national average, and as more residents move south to avoid the growing cost of housing in Austin.
San Antonio Project Lands $19M Construction Loan
The 192-unit Valencia Lofts in Leon Valley will comprise 14 two-story townhouses with one-, two- and three-bedroom units. The developer is a joint venture between Davila Construction and Loft Concepts.
Preiss Continues Its Student Housing Acquisitions
The company acquired two properties with a total of 780 units and plans to renovate common areas, as well as unit interiors and exteriors.